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Proactive management of the employees of a company or organization. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer.
The modern Human Resources Management translates the business strategy into the HR Strategy. However, Human Resources Management is not strategically linked with the business strategy yet (see more about the history of Human Resources Management).he HR Strategy is the essential document, which drives the development of Human Resources in the organization. The HR Strategy sets a clear path for HR professionals in the organization and aligns HR employees around shared strategic HR goals.